Business Editors/High-Tech Writers

SANTA CLARA, Calif.--(BUSINESS WIRE)--July 24, 2000

IDT, Inc. (Nasdaq: IDTI), a leading communications IC provider, today announced James Shih has been promoted to vice president of corporate quality and reliability. In his new position, Shih is responsible for the company's quality organizations and oversees and supports more than 200 IDT quality assurance employees in the United States, Malaysia and the Philippines.

An 11-year veteran of IDT, Shih is responsible for defining, implementing and auditing IDT's quality assurance policies and procedures to guarantee the highest quality IDT IC products. To maintain IDT's position as a leading IC company in customer satisfaction, Shih aims to make continuous improvements and achieve total quality commitment to ensure IDT products and services exceed its customer expectations.

"During his tenure at IDT, James has been a key player within the company's R&D department and has proven to be an exceptional leader with strong management and organizational skills," said Jerry Taylor president and CEO. "I am confident that in his role as vice president of corporate quality and reliability, he will help ensure IDT maintains its position as a leading supplier of high-quality IC products."

About James Shih

Since 1989, Shih has served in various roles at IDT. As director of IDT's R&D department, he led the company's process technology development. He was also instrumental in defining and implementing IDT's lithography/technology roadmap. Shih's other positions at IDT have included engineering manager and supervisor for the R&D department. Previous to IDT, Shih held various positions with Cypress Semiconductor Corporation, Monolithic Memory, Inc. and National Semiconductor Corporation. He earned a bachelor's degree in materials and science engineering from National Tsing-Hwa University in Taiwan, R.O.C. and a master's degree in materials and science engineering from Northwestern University.

About IDT

IDT enhances the global network with semiconductor solutions for communications companies that lead innovation and drive convergence in voice, data and wireless networks. Communications-industry leaders choose IDT for its high-performance products that accelerate time to market and boost bandwidth in the network infrastructure. IDT's communications memories offer the broadest selection of FIFOs, multi-ports, ZBT(R) and QDR(TM) SRAMs; its communications ASSPs include ATM switches, TSI/TDM switches, high-speed PHYs and embedded processors; and the product mix also incorporates high-speed SRAMs, high-performance logic and clock management products.

Headquartered in Santa Clara, Calif., the Company employs approximately 4,800 people worldwide and has manufacturing facilities in California, Oregon, the Philippines and Malaysia. IDT stock is traded on the Nasdaq stock market under the symbol "IDTI." Additional information about IDT is easily accessible at www.idt.com or CD-ROM by calling (800) 345-7015. The investor hotline is (408) 654-6420.

ZBT and Zero Bus Turnaround are trademarks of Integrated Device Technology, Inc. and the architecture is supported by Micron Technology, Inc. and Motorola Inc. QDR SRAMs and Quad Data Rate comprise a new family of products developed by Cypress Semiconductor, IDT, and Micron Technology. All other brands or products are the trademarks or registered trademarks of their respective owners. IDT disclaims any proprietary interest in the trademarks of others.